Brooklyn Retail Project Revised Again

CityLife · October 08, 2013, 10:35:53 AM

Fresh Market is confirmed...and also confirmed that CVS backed out as I had earlier said.

QuoteAfter months of rumors, The Fresh Market will indeed be the anchor tenant of a Brooklyn retail development.

Atlanta-based Fuqua Development LP is developing a 53,700-square-foot retail component in the Brooklyn area of Downtown. It is bordered by Riverside Avenue on the south, Magnolia Street on the north, Leila Street on the east and Jackson Street to the west.

The much-discussed grocer was revealed Monday by Karen Nasrallah, city Office of Economic Development redevelopment manager, at the Urban Core Citizens Planning Advisory Committee.

"It is going to be anchored, which we can now say officially, ... (by) a Fresh Market," Nasrallah said.

"They have signed and it is official," she said.

Other tenants that have discussed coming to the area were Chipotle and Panera, she said.

To coincide with the area's residential construction, the developer is anticipated to break ground in the next month with a goal of having a shell by July at the latest, she said.

The unidentified pharmacy that initially was part of the retails plans was CVS.

But, Nasrallah said, "CVS just was still not real sold on the area, so they got a little nervous and decided to pulled out."

After the meeting, Nasrallah said The Fresh Market signed a deal last week for 22,000 square feet of space.

http://www.jaxdailyrecord.com/showstory.php?Story_id=540725

thelakelander · October 08, 2013, 10:37:02 AM

Fresh Market confirmed. Panera Bread and Chipotle maybe....

Construction anticipated to start next month.

full article: http://www.jaxdailyrecord.com/showstory.php?Story_id=540725

Dapperdan · October 08, 2013, 11:11:41 AM

That CVS would have been a huge hit in that area. A lot of people downtown could have used it on lunch breaks to pick up quick items. In addition to people along Riverside and the upcoming apartments in that area. I can't understand why they pulled out.

thelakelander · October 08, 2013, 11:19:28 AM

Who knows. The core reason may not have had anything to do with the downtown market. It's also likely they and the developer probably couldn't come to an agreement on the numbers to finalize a deal.

ben says · October 08, 2013, 11:21:18 AM

Quote from: Dapperdan on October 08, 2013, 11:11:41 AM
That CVS would have been a huge hit in that area. A lot of people downtown could have used it on lunch breaks to pick up quick items. In addition to people along Riverside and the upcoming apartments in that area. I can't understand why they pulled out.

My guess is as good as yours, but my thoughts are: their decision had nothing to do with market considerations (downtown population, who would drive from where, etc). Their decision in all likelihood was a numbers game they weren't willing to play (negotiation of lease rates...)

FSBA · October 08, 2013, 12:33:44 PM

I was hoping the late rumor of Sprouts was correct. I went shopping in one with my dad recently. I was really impressed.

I've never been in Fresh Market before but I'll give it a try when it opens. Its no Walmart Market but maybe it'll due.

Wacca Pilatka · October 08, 2013, 12:50:58 PM

The Fresh Markets here in Virginia are really nice.

KenFSU · October 08, 2013, 01:05:03 PM

The Fresh Markets here in Jacksonville that I've been in (Ponte Vedra, San Jose, and San Pablo/Atlantic) are really nice too.

Will be a great addition to Brooklyn.

Chipotle would be great too.

ben says · October 08, 2013, 01:07:41 PM

Quote from: FSBA on October 08, 2013, 12:33:44 PM
I was hoping the late rumor of Sprouts was correct. I went shopping in one with my dad recently. I was really impressed.

I've never been in Fresh Market before but I'll give it a try when it opens. Its no Walmart Market but maybe it'll due.

Rest easy...Fresh Market > Walmart anything.

CityLife · October 08, 2013, 01:08:45 PM

Fresh Market's are very nice. Kind of a smaller Whole Foods.

FSBA · October 08, 2013, 03:01:22 PM

Quote from: ben says on October 08, 2013, 01:07:41 PM
Quote from: FSBA on October 08, 2013, 12:33:44 PM
I was hoping the late rumor of Sprouts was correct. I went shopping in one with my dad recently. I was really impressed.

I've never been in Fresh Market before but I'll give it a try when it opens. Its no Walmart Market but maybe it'll due.

Rest easy...Fresh Market > Walmart anything.

duvaldude08 · October 08, 2013, 03:10:58 PM

Quote from: KenFSU on October 08, 2013, 01:05:03 PM
The Fresh Markets here in Jacksonville that I've been in (Ponte Vedra, San Jose, and San Pablo/Atlantic) are really nice too.

Will be a great addition to Brooklyn.

Chipotle would be great too.

NO Chipotle would not. That is too close to my job which means I will be there everyday getting freakin' fat

edjax · October 08, 2013, 03:20:48 PM

Of course now Fuqua is denying that a lease has been signed by Fresh Market and saying they are not sure why or where the person from OED got the information. Wow. It could perhaps be true but obviously someone spoke out of turn. This administration knows no limits to their incompetency I guess.

Stephen · October 08, 2013, 03:26:53 PM

I know the economy would never support it and they are probably closing stores but wouldn't it be nice to have a bookstore like Barnes and Nobles there? Just a dream...a nice dream but still a dream...

duvaldude08 · October 08, 2013, 03:31:42 PM

Quote from: edjax on October 08, 2013, 03:20:48 PM
Of course now Fuqua is denying that a lease has been signed by Fresh Market and saying they are not sure why or where the person from OED got the information. Wow. It could perhaps be true but obviously someone spoke out of turn. This administration knows no limits to their incompetency I guess.

Well the confirmation came from someone at Fresh Market, so maybe they werent supposed to say anything yet?